Unemployment rises in Canada, 31,000 jobs lost in July

Canada is short 31,000 jobs from June to July, according to Statistics Canada, increasing the national unemployment rate by 0.1% to 6.9%.

Full time employment fell by 71,000, while part time work was up by 40,000, representing the largest drop in full time work since 2011. Still, compared to July of 2015, employment rose by 71,000 or 0.4%.

Image: Statistics Canada

Youths aged 15 to 24 were most affected by the fall in employment, while other demographic groups remained largely unchanged. There were 28,000 fewer working youths in July, and all of the losses were in part-time work.

BC was the only province to see any gains, with a rise of 12,000 jobs, continuing an upward trend since spring of 2015. Unemployment in the province fell to 5.6%, a decline of 0.3%.

Meanwhile in Ontario, employment fell by 36,000 in July, which is the first notable loss since September of 2015.

Daily Hive Staff

Launched on June 1, 2016, Daily Hive is the evolution of Vancity Buzz and is now in Vancouver, Calgary, Toronto, and Montreal.